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Development and climate change adaptation funding: coordination and integration

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  • Joel B. Smith
  • Thea Dickinson
  • Joseph D.B. Donahue
  • Ian Burton
  • Erik Haites
  • Richard J.T. Klein
  • Anand Patwardhan

Abstract

Within a few decades, tens of billions, and possibly over a hundred billion, dollars will be needed for climate change adaptation in developing countries. In recent international climate negotiations, US$100 billion per year by 2020 was pledged by developed countries for mitigation and adaptation. Even if this pledge is realized, it is not clear that it will generate sufficient funds to address the adaptation needs of developing countries. A majority of what has been identified as climate change adaptation needs could be considered as funding for basic development. In addition, a large share of current development assistance is spent on climate-sensitive projects. With the potential for funding of climate change adaptation to fall short of what is needed and for development funding to continue funding many climate-sensitive activities, coordination of the two funding streams may enable more effective support for both sustainable development and climate change adaptation. Preliminary steps to facilitate such coordination are part of the Cancun Agreements and initiatives by other organizations.

Suggested Citation

  • Joel B. Smith & Thea Dickinson & Joseph D.B. Donahue & Ian Burton & Erik Haites & Richard J.T. Klein & Anand Patwardhan, 2011. "Development and climate change adaptation funding: coordination and integration," Climate Policy, Taylor & Francis Journals, vol. 11(3), pages 987-1000, May.
  • Handle: RePEc:taf:tcpoxx:v:11:y:2011:i:3:p:987-1000
    DOI: 10.1080/14693062.2011.582385
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    References listed on IDEAS

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    1. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, October.
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    2. Stephanie E. Austin & Robbert Biesbroek & Lea Berrang-Ford & James D. Ford & Stephen Parker & Manon D. Fleury, 2016. "Public Health Adaptation to Climate Change in OECD Countries," IJERPH, MDPI, vol. 13(9), pages 1-20, September.
    3. Pickering, Jonathan & Skovgaard, Jakob & Kim, Soyeun & Roberts, J. Timmons & Rossati, David & Stadelmann, Martin & Reich, Hendrikje, 2015. "Acting on Climate Finance Pledges: Inter-Agency Dynamics and Relationships with Aid in Contributor States," World Development, Elsevier, vol. 68(C), pages 149-162.
    4. Abrar Chaudhury, 2020. "Role of Intermediaries in Shaping Climate Finance in Developing Countries—Lessons from the Green Climate Fund," Sustainability, MDPI, vol. 12(14), pages 1-17, July.
    5. Mariana Reis Maria & Rosangela Ballini & Roney Fraga Souza, 2023. "Evolution of Green Finance: A Bibliometric Analysis through Complex Networks and Machine Learning," Sustainability, MDPI, vol. 15(2), pages 1-23, January.
    6. Tiberiu Iancu & Valentina Constanta Tudor & Eduard Alexandru Dumitru & Cristina Maria Sterie & Marius Mihai Micu & Dragos Smedescu & Liviu Marcuta & Elena Tonea & Paula Stoicea & Catalin Vintu & Andy , 2022. "A Scientometric Analysis of Climate Change Adaptation Studies," Sustainability, MDPI, vol. 14(19), pages 1-20, October.
    7. Khanal, Uttam & Wilson, Clevo & Lee, Boon & Managi, Shunsuke, 2017. "Influence of payment modes on farmers’ contribution to climate change adaptation: understanding differences using a choice experiment in Nepal," MPRA Paper 107430, University Library of Munich, Germany.
    8. Bhatnagar, S. & Sharma, D., 2022. "Evolution of green finance and its enablers: A bibliometric analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 162(C).
    9. Raissa Sorgho & Carlos A. Montenegro Quiñonez & Valérie R. Louis & Volker Winkler & Peter Dambach & Rainer Sauerborn & Olaf Horstick, 2020. "Climate Change Policies in 16 West African Countries: A Systematic Review of Adaptation with a Focus on Agriculture, Food Security, and Nutrition," IJERPH, MDPI, vol. 17(23), pages 1-21, November.
    10. Alemu Mekonnen, 2014. "Economic Costs of Climate Change and Climate Finance with a Focus on Africa," Journal of African Economies, Centre for the Study of African Economies, vol. 23(suppl_2), pages 50-82.
    11. Tyas Mutiara Basuki & Hunggul Yudono Setio Hadi Nugroho & Yonky Indrajaya & Irfan Budi Pramono & Nunung Puji Nugroho & Agung Budi Supangat & Dewi Retna Indrawati & Endang Savitri & Nining Wahyuningrum, 2022. "Improvement of Integrated Watershed Management in Indonesia for Mitigation and Adaptation to Climate Change: A Review," Sustainability, MDPI, vol. 14(16), pages 1-41, August.
    12. Olga Kovalchuk, 2012. "Evaluation Mechanisms for Climate Finance," Discussion Paper Series RECAP15 003, RECAP15, European University Viadrina, Frankfurt (Oder).
    13. Åsa Persson & Adis Dzebo, 2019. "Special issue: Exploring global and transnational governance of climate change adaptation," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 19(4), pages 357-367, October.
    14. Sam Fankhauser, 2017. "Adaptation to Climate Change," Annual Review of Resource Economics, Annual Reviews, vol. 9(1), pages 209-230, October.
    15. Yu, Mengyan & Umair, Muhammad & Oskenbayev, Yessengali & Karabayeva, Zhаnsaya, 2023. "Exploring the nexus between monetary uncertainty and volatility in global crude oil: A contemporary approach of regime-switching," Resources Policy, Elsevier, vol. 85(PB).
    16. Stephanie E. Austin & James D. Ford & Lea Berrang-Ford & Malcolm Araos & Stephen Parker & Manon D. Fleury, 2015. "Public Health Adaptation to Climate Change in Canadian Jurisdictions," IJERPH, MDPI, vol. 12(1), pages 1-29, January.

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